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The U.S. used to print larger denominations of bills, including $500, $1,000, $5,000, and $10,000, but none have been printed since 1945.

in 1969 President Nixon ordered a halt to further distribution of high-denomination bills as part of an effort to thwart money laundering by organized criminals. The bills weren't formally recalled, but banks are no longer allowed to provide them to customers and any that are received must be sent back to the Treasury in exchange for lower-denomination notes.

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9y ago

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